#Binance
$NEAR NEARUSDT Perp, only on a confirmed retest (not a chase)
Structure
Downtrend from 4.886 to a 4.630 low, then a base and a V-bounce.
Price (4.735) has reclaimed EMA 5/10/20 (≈4.70) and sits at the top of the range.
RSI(6) is 72 (hot), RSI(14) is 55 and RSI(24) is 48. This is early momentum, but short-term overbought.
The last candle is a large green one that closed above the EMA cluster. It is also an extended move away from the EMAs.
🎯 Setup (long bias)
Aggressive: 4.735–4.74 (breakout, higher risk)
Preferred: pullback to 4.705–4.715 (EMA 5/20 retest)
TP1: 4.79 (+1.2%)
TP2: 4.866 (+2.7%)
TP3: 4.886 (prior high)
🛑 Initial stop
Place it under the base and EMA cluster, at about 4.675–4.68.
$NEAR NEARUSDT Perp, only on a confirmed retest (not a chase)
Structure
Downtrend from 4.886 to a 4.630 low, then a base and a V-bounce.
Price (4.735) has reclaimed EMA 5/10/20 (≈4.70) and sits at the top of the range.
RSI(6) is 72 (hot), RSI(14) is 55 and RSI(24) is 48. This is early momentum, but short-term overbought.
The last candle is a large green one that closed above the EMA cluster. It is also an extended move away from the EMAs.
🎯 Setup (long bias)
Aggressive: 4.735–4.74 (breakout, higher risk)
Preferred: pullback to 4.705–4.715 (EMA 5/20 retest)
TP1: 4.79 (+1.2%)
TP2: 4.866 (+2.7%)
TP3: 4.886 (prior high)
🛑 Initial stop
Place it under the base and EMA cluster, at about 4.675–4.68.